tiprankstipranks
Trending News
More News >

Advanced Systems Automation Faces Legal Demand from Former CEO

Story Highlights
  • Advanced Systems Automation Limited received a demand for S$300,000 from its former CEO.
  • The company is consulting legal advisers and will update shareholders on developments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Advanced Systems Automation Faces Legal Demand from Former CEO

Elevate Your Investing Strategy:

The latest update is out from Advanced Systems Automation Limited ( (SG:WJ9) ).

Advanced Systems Automation Limited has received a letter of demand from Mr. Seah Chong Hoe for a payment of S$300,000, following his immediate termination as CEO. The company has engaged legal advisers to address this matter and will update shareholders on any significant developments, including potential financial impacts.

More about Advanced Systems Automation Limited

Advanced Systems Automation Limited is a company incorporated in Singapore, operating in the automation industry. The company focuses on providing advanced automation solutions and services, catering to various industrial sectors.

Technical Sentiment Signal: Sell

Current Market Cap: S$9.81M

Learn more about WJ9 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1